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Co-Own an Exceptional Estate Near Phillips Academy

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$13475

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1.45 B Invastor Coins (INV)

Sold By: Dream


Join a group of 10 investors to co-own this 6,344 sq ft Andover estate for $2,388,000. Each investor contributes $269,500 before fees, with a $13,475 (5%) platform fee that’s fully refundable if the deal doesn’t go through. Just steps from Phillips Academy, this extraordinary home blends classic New England charm with a 5,000+ sq ft custom addition. Features include a chef’s kitchen with Viking and Sub-Zero appliances, radiant-heated family room with Belgian bluestone fireplace, and a conservatory with views of the PA campus. The vaulted primary suite offers a gas fireplace, Calacatta marble bath, and Cuban mahogany cabinetry. Enjoy a heated pool (2021), hot tub, and bluestone patios with sunset views. Payments are securely held in escrow and managed by a verified lawyer.

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Condition: New

Ships From: , Massachusetts, United States

Delivery Options: Local Pickup

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10 available

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SKU: 9055607

Categories:Housing

Co-Own an Exceptional Estate Near Phillips Academy

Looking for a stunning historic-style home in the heart of Andover with room to spread out, modern amenities, and a resort-like backyard?

Welcome to 67 Salem Street, a 4-bedroom, 4.5-bathroom Colonial-Cape estate offering over 6,300 sqft of beautifully renovated living space. Just steps from Phillips Academy, this home sits on a .44-acre professionally landscaped lot and features a heated pool, hot tub, gourmet kitchen, and 4 fireplaces—perfect for elevated co-ownership living.

  • Address: 67 Salem Street, Andover, MA
  • Total Price: $2,695,000
  • Fractional Ownership: 1/10
  • Your Share: $269,500
  • Platform Fee (5%): $13,475
  • Total Due to Reserve Share: $282,975

Property Overview

  • Location: In-Town Andover
  • Lot Size: 0.44 acres (19,397 sqft)
  • Year Built: 2008 (Renovated)
  • Living Area: 6,344 sqft
  • Style: Colonial, Cape, Antique
  • Bedrooms: 4
  • Bathrooms: 4 full, 1 half
  • Annual Taxes: $22,520 (2025)
  • HOA Fees: None

Interior Features

Bedroom Layout:

  • 3 bedrooms on second floor, 1 on main level
  • Primary suite with dressing room, walk-in closet, spa-style bath

Living Spaces:

  • Family room with beamed ceilings and French doors
  • Dedicated media room, sunroom, office/study, and exercise room
  • Central vacuum, high-speed internet, and custom built-ins throughout

Basement:

  • Finished walk-out basement
  • Interior and garage access with ample storage and workshop space

Kitchen & Dining

Kitchen:

  • Custom cabinetry, granite counters, kitchen island
  • High-end stainless appliances, dual dishwashers, gas stove
  • Pantry, recessed lighting, and open floorplan

Dining Room:

  • Beamed ceilings, wine chiller, and wet bar
  • Picture windows and hardwood floors

Heating & Cooling

  • Heating: Forced air, radiant heat, hydro air (natural gas)
  • Cooling: Dual-zone central air
  • Fireplaces: 4 (family room, dining room, primary bedroom)

Exterior Features

Outdoor Space:

  • Heated in-ground pool, hot tub/spa
  • Screened porch, deck, and patio
  • Fenced yard with garden, stone walls, and sprinkler system

Garage & Parking:

  • 2-car heated garage with storage and workshop
  • Total parking for 10 vehicles

Community & Location

Nearby Amenities:

  • Phillips Academy, parks, shops, golf, conservation trails
  • Public transportation and highway access

School District:

  • Bancroft Elementary, Doherty Middle, Andover High

How Co-Ownership Works

  1. Own this stunning Andover estate with 9 other buyers. Your 1/10 share provides exclusive access during assigned weeks each year. All maintenance and property management are handled for you.
  2. Your Share Cost: $269,500
  3. Platform Fee (5%): $13,475
  4. Total to Reserve: $282,975

Experience timeless charm, luxurious details, and an unbeatable location—all through smart co-ownership.

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